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Wheat

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Wheat, corn futures end week lower with Russian crop in focus

By Heather Schlitz, Reuters May 31, 2024
Reading Time: < 1 minute Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.

Photo: Scharfsinn86/Getty Images
Markets

Prairie Wheat Weekly: Western Canadian bids show small declines

By Adam Peleshaty - MarketsFarm May 31, 2024
Reading Time: 2 minutes Most Western Canadian wheat bids weakened a little during the week ended May 30 as spring wheat continued to be planted and winter wheat began its harvest.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat slips further from highs as Russia rain awaited

By Heather Schlitz, Reuters May 30, 2024
Reading Time: 2 minutes Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.

Photo: Kelsey Pangborn/iStock/Getty Images
Livestock, Markets

‘Status quo’ for Prairie feed market

By Phil Franz-Warkentin May 30, 2024
Reading Time: < 1 minute Feed grain bids in Western Canada lack any clear direction for the time being, as farmers finish up spring seeding around consistent rains.


Photo: Mlenny/iStock/Getty Images
Markets, Reuters

EU sets prohibitive tariffs on Russian, Belarusian grain from July

By Reuters May 30, 2024
Reading Time: 2 minutes Today European Union trade ministers agreed to impose prohibitive tariffs on cereals, oilseeds and derived products from Russia and Belarus from July 1, a move the bloc said would halt imports of these products.

U.S. grains: Wheat loses steam after rally as traders eye Russian weather
Markets, Reuters

U.S. grains: Wheat loses steam after rally as traders eye Russian weather

By Heather Schlitz, Reuters May 29, 2024
Reading Time: 2 minutes Chicago wheat futures edged down on Wednesday as investors took profits after the recent rally and questions remained about whether forecasts for rain in Russia would stem a decline in harvest prospects in the world's biggest exporter.


Photo: Thinkstock
Markets, News

Realized Canadian farm income up, net income down in 2023

Total farm cash receipts rose 4.4 per cent compared with 2022 on higher crop marketings; cattle prices

By Phil Franz-Warkentin May 29, 2024
Reading Time: 2 minutes Realized net income for Canadian farmers rose 18.3 per cent in 2023 to C$14.5 billion, as growth in receipts offset a rise in expenses, according to a report from Statistics Canada released May 29.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

Chicago soybeans/corn watching weather, wheat

By Phil Franz-Warkentin May 29, 2024
Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade suffered a profit-taking correction on May 29, as speculative positioning and relatively favourable seeding progress across the United States weighed on values.


Photo: File
Crops

Manitoba crop report: Seeding continues despite large rainfall

By Adam Peleshaty - MarketsFarm May 29, 2024
Reading Time: 2 minutes Despite heavy rains as well as snowfall, Manitoba farmers were still able to make planting progress during the week ended May 25, according to the province’s weekly crop report.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Wheat hits 10-month high on reduced Russian crop outlook

By Heather Schlitz, Reuters May 28, 2024
Reading Time: 2 minutes Chicago benchmark wheat futures rose on Tuesday, supported by reduced harvest projections in Russia, Wv1 hitting a 10-month high before paring gains.


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